Kinsale Capital Group Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.87B | $1.59B | $1.22B | $838.8M | $653.5M | $459.9M | $315.9M | $222.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $644.9M | $524.9M | $394.3M | $199.8M | $189.8M | $100.6M | $76.3M | $40.5M |
| Operating Margin | 34.4% | 33.1% | 32.2% | 23.8% | 29.0% | 21.9% | 24.1% | 18.2% |
| Interest Expense | $10.6M | $10.1M | $10.3M | $4.3M | $994.0K | $168.0K | $200.0K | — |
| Pretax Income | $634.3M | $514.7M | $384.0M | $195.6M | $188.8M | $100.4M | $76.1M | $40.5M |
| Income Tax Expense | $130.7M | $99.9M | $75.9M | $36.5M | $36.1M | $12.0M | $12.7M | $6.7M |
| Net Income | $503.6M | $414.8M | $308.1M | $159.1M | $152.7M | $88.4M | $63.3M | $33.8M |
| Net Margin | 26.9% | 26.1% | 25.2% | 19.0% | 23.4% | 19.2% | 20.0% | 15.2% |
| EPS (Basic) | $21.76 | $17.92 | $13.37 | $6.97 | $6.73 | $3.96 | $2.94 | $1.60 |
| EPS (Diluted) | $21.65 | $17.78 | $13.22 | $6.88 | $6.62 | $3.87 | $2.86 | $1.56 |
| Shares Outstanding (Basic) | 23.1M | 23.2M | 23.0M | 22.8M | 22.7M | 22.3M | 21.5M | 21.1M |
| Shares Outstanding (Diluted) | 23.3M | 23.3M | 23.3M | 23.1M | 23.1M | 22.9M | 22.1M | 21.7M |
| Dividends Per Share | $0.68 | $0.60 | $0.56 | $0.52 | $0.44 | $0.36 | $0.32 | $0.28 |